Debt Consolidation Question ??

Submitted by Debt Consolidation on Mon, 08/03/2009 - 05:37

Hi all please give me some comments about my below question.

The commercials scheduled television creates it sound like a debt consolidation loan resolve all my financial troubles. Are these loans actually the ideal method to solve my debt issues?

Thanks in Advance...

Hi Debt Consolidation

If you have too much and too many debt that you cannot handle on your own, you may seek debt consolidation. Debt consolidation program means that instead of paying to different creditors you can now make just one payment to your debt consolidator who on your behalf keeps making the payments to the different creditors in due time.

But, like everything else there are good debt consolidation companies and there are bad debt consolidation companies. Don't jump in to an offer that might seem too good to be true. So, do your research before zeroing on a company

Mon, 08/03/2009 - 08:47 Permalink

You're welcome Debt :) Hope to see more participation from your side.

Fri, 09/11/2009 - 10:01 Permalink

Hello, CAROL. Sometimes the 'search', for good Debt Consolidation comapnies are so difficult. They are alot more bad ones than good ones. Oh, yeah...their Websites do look good, but, when you get down to the 'meat and potatoes', I've seen several compliants on BBB sites, etc. A few times, I've almost fell into the 'traps' of these companies.

Mon, 09/14/2009 - 09:14 Permalink


it may be true that some are fraudulent but surely some are one should take service from these good.

Now the question is how to differentiate between good and bad.

Sole purpose of discussion on forum and through personal friend circle is to identify this difference.

Mon, 09/14/2009 - 13:38 Permalink

hows the search going?

I agree with Carol, it sounds like you should look into a free debt consolidation consultation- BUT LIKE SHE SAID....check out the companies first with the BBB and ask for online testimonials from ppl who have or are using the services themselves.

We proudly help clients through our non-profit consolidation agency and maintain a very rewarding A+ with the Better Business Bureau.

We also provide free educational information and a free budget counseling sessions to review and evaluate your debt to income ratio to help better identify and assess how your money is being managed. in this session, we're usually able to help clients save on their regular monthly expenses and add a little cash to their pocket.

Anyway, I see your post is old but wanted to touch base. Feel free to contact me with any questions, thanks!

Fri, 11/06/2009 - 00:44 Permalink

I think it is awesome that you care about what your reputation is, some companies get big and forget the little guy who help them get to where they are.

I don't know how long you have been in business, but I do think that you have a bright future, you care enough to suceed.

Fri, 11/06/2009 - 02:34 Permalink
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